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Tuesday, June 17, 2008

Chrysler in talks with TN for car plant

The US car maker will send a team to the state for feasibility study.

American car maker Chrysler is in talks with the Tamil Nadu government to set up a greenfield facility in the state. The company has agreed to send a team to Tamil Nadu to study the feasibility of the project in the state.

While the discussion with the Tamil Nadu government is at very early stage, a senior official in the government said that Chrysler was looking at expanding its operations in Asia and India is one market the car maker is keen to enter.The amount of investment could not be ascertained.

VROOMING FAST

# Chrysler is looking at expanding its operations in Asia and India is one market the car maker is keen to enter.
# Earlier, a team of senior officials from various state departments toured the US to woo investments.
# Members of the TN team met Chrysler executives to brief them on the advantages of setting up their first plant in the state.

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